Loop COO granted 600,000 stock options at $1.44

Loop Industries, Inc. granted Chief Operating Officer Adel Essaddam stock options as equity compensation.

Rhea-AI Filing Summary

Loop Industries, Inc. granted Chief Operating Officer Adel Essaddam stock options as equity compensation. He received options covering 600,000 shares of common stock, split into awards for 200,000 and 400,000 underlying shares, each with an exercise price of $1.44 per share.

According to the footnote, these options will vest in equal parts on April 8, 2027 and April 8, 2028, as long as he remains employed through each vesting date. The options expire on April 8, 2033, giving him a long-term incentive tied to the company’s share price.

Insider Trade Summary

Grant/Award: 600,000 shares

Grant/Award 2 txns

Insider Essaddam Adel

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock options (right to buy)	200,000	$0.00	$0.00
Grant/Award	Stock options (right to buy)	400,000	$0.00	$0.00

Holdings After Transaction: Stock options (right to buy) — 600,000 contracts (Direct)

Footnotes (1)

1. F1. This option will vest and become exercisable ratably in equal tranches on April 8, 2027 and April 8, 2028, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.

Key Figures

Option grant 1 size: 200,000 options Option grant 2 size: 400,000 options Total underlying shares: 600,000 shares +3 more

6 metrics

Option grant 1 size 200,000 options Stock options (right to buy) with 200,000 underlying common shares

Option grant 2 size 400,000 options Stock options (right to buy) with 400,000 underlying common shares

Total underlying shares 600,000 shares Combined underlying Loop common stock from both option grants

Exercise price $1.44 per share Conversion or exercise price for both option awards

Vesting dates April 8, 2027 & April 8, 2028 Options vest ratably in equal tranches on these dates

Expiration date April 8, 2033 Expiration date for both stock option grants

Key Terms

Stock options (right to buy), exercise price, vesting, expiration date, +1 more

5 terms

Stock options (right to buy) financial

"security_title: Stock options (right to buy)"

exercise price financial

"conversion_or_exercise_price: 1.4400"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"This option will vest and become exercisable ratably in equal tranches"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

expiration date financial

"expiration_date: 2033-04-08T00:00:00.000Z"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did Loop (LOOP) grant to COO Adel Essaddam?

Loop granted Adel Essaddam stock options covering 600,000 shares of common stock as compensation. The award consists of one 200,000-share option and one 400,000-share option, both with a fixed exercise price of $1.44 per share.

At what exercise price were the new Loop (LOOP) options granted?

The options granted to Adel Essaddam carry an exercise price of $1.44 per share. This means he can buy Loop common stock at $1.44 once the options vest, potentially benefiting if the market price rises above that level.

When do Adel Essaddam’s Loop (LOOP) stock options vest?

The options will vest in equal tranches on April 8, 2027 and April 8, 2028. Vesting is conditioned on Essaddam continuing to be employed by Loop through each vesting date, aligning his incentives with longer-term company performance.

When do the newly granted Loop (LOOP) options to the COO expire?

The stock options granted to Adel Essaddam expire on April 8, 2033. After that date, any unexercised options become worthless, so the potential benefit is limited to the period ending on this expiration date.

Are Adel Essaddam’s new Loop (LOOP) options an open-market purchase or compensation grant?

The Form 4 shows a grant/award acquisition, coded as transaction type A, indicating a compensation grant. These are stock options (right to buy) issued by Loop, not shares bought by Essaddam in the open market.

How many Loop (LOOP) shares are underlying each of Adel Essaddam’s option awards?

One option award covers 200,000 underlying shares of common stock and another covers 400,000 underlying shares. Together they represent 600,000 potential shares that Essaddam may acquire if the options vest and are exercised.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/10/2026 - 04:56 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Essaddam Adel

(Last) (First) (Middle)

480 FERNAND POITRAS

(Street)

TERREBONNE QC J6Y1Y4

(City) (State) (Zip)

CANADA (FEDERAL LEVEL)

(Country)

2. Issuer Name and Ticker or Trading Symbol
Loop Industries, Inc. [ LOOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock options (right to buy)	$1.44	04/08/2026		A		200,000		04/08/2026	04/08/2033	Common Stock	200,000	$0	200,000	D
Stock options (right to buy)	$1.44	04/08/2026		A		400,000		(1)	04/08/2033	Common Stock	400,000	$0	400,000	D

Explanation of Responses:

1. This option will vest and become exercisable ratably in equal tranches on April 8, 2027 and April 8, 2028, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.

	/s/ Adel Essaddam	04/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)